[Asia Economy Reporter Seomideum] KOSDAQ-listed company U-Tech announced on the 29th that it has decided to conduct a third-party allotment paid-in capital increase. This is to raise approximately 3 billion KRW for operating funds and other purposes.



New shares of 5,454,545 common stocks will be issued at 550 KRW per share. The third-party allotment recipient is Tess System (5,454,545 shares).


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